ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

Arran Yuan

Lee Lichterman III

To: Lee Lichterman III who wrote (73391)	11/4/2022 1:25:01 PM
From: Sun Tzu	3 Recommendations Read Replies (1) of 98139

This is not a market for your kind of trades. I was up last night and saw the futures jump 50 point in one minute around 2:30am. An hour later they dropped back to where they were, but still up 60 points on the night. The major talk this week has been China reopening. This rumor has even pushed oil up despite some bearish news and copper is not going through the roof. And what do you think I did with all this bullishness and market gyrations? I shorted near the top. Missed taking profits at bottom, but did take some profit on the longs near the 2nd top and used it to short again. I also spent some time to figure out what I should do if say this weekend China comes clean and says yes we are easing off of covid zero. There are some great shorts around that even as the market rallies. I am keeping my short positions over the weekend, unless we hit my profit target before the close.

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